Starwood Property Trust, Inc. (STWD) Position Cut by FDx Advisors Inc.

FDx Advisors Inc. trimmed its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 3.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,143 shares of the real estate investment trust’s stock after selling 2,487 shares during the quarter. FDx Advisors Inc.’s holdings in Starwood Property Trust were worth $1,524,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Starwood Property Trust by 5.5% in the 2nd quarter. Vanguard Group Inc. now owns 22,179,781 shares of the real estate investment trust’s stock worth $496,604,000 after buying an additional 1,156,034 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in Starwood Property Trust by 2.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 7,631,024 shares of the real estate investment trust’s stock worth $170,859,000 after buying an additional 215,564 shares in the last quarter. LSV Asset Management grew its holdings in Starwood Property Trust by 4.4% in the 2nd quarter. LSV Asset Management now owns 5,296,409 shares of the real estate investment trust’s stock worth $118,586,000 after buying an additional 223,100 shares in the last quarter. Boston Partners grew its holdings in Starwood Property Trust by 10.7% in the 3rd quarter. Boston Partners now owns 1,259,369 shares of the real estate investment trust’s stock worth $27,353,000 after buying an additional 121,545 shares in the last quarter. Finally, Dana Investment Advisors Inc. grew its holdings in Starwood Property Trust by 12.3% in the 2nd quarter. Dana Investment Advisors Inc. now owns 1,253,373 shares of the real estate investment trust’s stock worth $28,063,000 after buying an additional 136,958 shares in the last quarter. 68.04% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently issued reports on STWD. Zacks Investment Research raised Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Friday, August 25th. BidaskClub raised Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Finally, ValuEngine lowered Starwood Property Trust from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $24.00.

Shares of Starwood Property Trust, Inc. (NYSE:STWD) opened at $21.65 on Tuesday. The firm has a market capitalization of $5,650.00, a P/E ratio of 10.25, a price-to-earnings-growth ratio of 2.16 and a beta of 0.37. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.47 and a quick ratio of 2.47. Starwood Property Trust, Inc. has a 52-week low of $21.11 and a 52-week high of $23.01.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.11. The firm had revenue of $226.77 million during the quarter, compared to the consensus estimate of $236.76 million. Starwood Property Trust had a return on equity of 11.88% and a net margin of 52.28%. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.59 earnings per share. equities analysts predict that Starwood Property Trust, Inc. will post 1.99 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a $0.48 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.92 dividend on an annualized basis and a yield of 8.87%. Starwood Property Trust’s dividend payout ratio (DPR) is 115.66%.

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In other news, COO Andrew Jay Sossen sold 11,270 shares of the stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $21.94, for a total transaction of $247,263.80. Following the completion of the sale, the chief operating officer now owns 108,258 shares in the company, valued at approximately $2,375,180.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Rina Paniry sold 6,867 shares of the stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total value of $150,799.32. Following the sale, the chief financial officer now owns 100,026 shares of the company’s stock, valued at approximately $2,196,570.96. The disclosure for this sale can be found here. Corporate insiders own 2.40% of the company’s stock.

Starwood Property Trust Profile

Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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